Teardroppers 10-K 12 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Apr. 01, 2016
Document And Entity Information
Entity Registrant Name	Teardroppers, Inc.
Entity Central Index Key	1,615,780
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float	$ 2,200,000
Entity Common Stock, Shares Outstanding		38,000,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash	$ 46,899	$ 28,375
Total Current Assets	46,899	28,375
Fixed Assets:
Cost	41,785	5,000
Less: Accumulated depreciation	(3,047)	(208)
Fixed assets, net	38,738	4,792
Total Assets	85,637	33,167
Current Liabilities
Accounts payable and accrued liabilities	52,763	37,473
Accounts payable - related parties	67,500	15,000
Customer deposits	14,500	0
Loan payable from related party	450,000	375,000
Line of credit from related party	75,835	0
Accrued interest	44,300	0
Accrued interest payable to related party	2,003	740
Total current liabilities	706,901	428,213
Total Liabilities	706,901	428,213
Stockholders' Equity (Deficit):
Preferred stock, par value $0.001, authorized 20,000,000 shares, issued 0 shares, respectively	0	0
Common stock, par value $0.001, authorized 100,000,000 shares issued 38,000,000 and 37,800,000 shares, respectively	38,000	37,800
Additional paid in capital	69,385	33,800
Accumulated deficit	(728,649)	(466,646)
Total Stockholders' Equity (Deficit)	(621,264)	(395,046)
Total Liabilities and Stockholders' Equity (Deficit)	$ 85,637	$ 33,167

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ .001	$ .001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ .001	$ .001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	38,000,000	37,800,000
Common stock, shares outstanding	38,000,000	37,800,000

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Revenues	$ 0	$ 0
Costs of revenues	0	0
Gross Margin	0	0
Operating Expenses:
Consulting	13,000	21,749
Consulting to related party	135,315	191,915
General & administrative	37,593	81,650
Professional fees	29,792	48,910
Operating Expenses	215,700	344,224
Operating Income (loss)	(215,700)	(344,224)
Other Income (Expense)
Interest Expense	(46,303)	0
Total Other Income (Expense)	(46,303)	0
Net Income Before Taxes	(262,003)	(344,224)
Income Tax Provision	0	0
Net Income (loss)	$ (262,003)	$ (344,224)
Net income (loss) per share- basic and diluted	$ (.01)	$ (.01)
Weighted average common shares outstanding- basic and diluted	37,824,521	37,554,840

Statements of Stockholders' Equ

Statements of Stockholders' Equity (Deficit) - USD ($)	Preferred Stock	Common Stock	Stock Subscription Receivable	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2013	0	36,525,000
Beginning balance, value at Dec. 31, 2013	$ 0	$ 36,525	$ (1,000)	$ 9,975	$ (122,422)	$ 76,922
Shares issued for services, shares		300,000
Shares issued for services, value		$ 300		7,300		7,600
Shares issued for cash, shares		800,000
Shares issued for cash, value		$ 800	1,000	13,700		15,500
Shares issued for reduction of debt, shares		508,333
Shares issued for reduction of debt, value		$ 508		52,492		53,000
Shares repurchased and cancelled, shares		(333,333)
Shares repurchased and cancelled, value		$ (333)		(49,667)		(50,000)
Shares issued to acquire assets, value						0
Net loss					(344,224)	(344,224)
Ending balance, shares at Dec. 31, 2014	0	37,800,000
Ending balance, value at Dec. 31, 2014	$ 0	$ 37,800	0	33,800	(466,646)	(395,046)
Shares repurchased and cancelled, shares		(50,000)
Shares repurchased and cancelled, value		$ (50)		(950)		(1,000)
Shares issued to acquire assets, shares		250,000
Shares issued to acquire assets, value		$ 250		36,535		36,785
Net loss					(262,003)	(262,003)
Ending balance, shares at Dec. 31, 2015	0	38,000,000
Ending balance, value at Dec. 31, 2015	$ 0	$ 38,000	$ 0	$ 69,385	$ (728,649)	$ (621,264)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (262,003)	$ (344,224)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:
Stock issued to founders	0	0
Stock issued for debt reduction	0	3,000
Stock issued for services	0	7,600
Depreciation	2,839	208
Changes in Operating Assets and Liabilities
Increase (decrease) accounts payable and accrued liabilities	15,290	(23,787)
Increase in accounts payable - related parties	52,500	0
Increase in customer deposits	14,500	0
Increase in accrued interest	44,300	0
Increase in accrued interest - related parties	1,263	0
Net Cash provided by (used for) operating activities		(357,203)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment	0	(5,000)
Net Cash Used in Investing Activities	0	(5,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of stock		15,500
Shares repurchased and cancelled	(1,000)	0
Proceeds from loans-related party	75,000	300,000
Proceeds from line of credit to related party	168,861	0
Repayments on line of credit related party	(93,026)	0
Net Cash Provided by (used for) Financing Activities	149,835	315,500
Net Increase (Decrease) in Cash	18,524	(46,703)
Cash at Beginning of Period	28,375	75,078
Cash at End of Period	46,899	28,375
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest	0	0
Franchise and income tax	0	0
Shares issued to acquire assets	36,785	0
Shares issued as payment of note payable	$ 0	$ 0

1. Organization and Description

1. Organization and Description of Business	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	On June 3, 2013, Teardroppers, Inc. (the “Company”), was incorporated under the laws of the state of Nevada. We intend to enter the business of mobile billboard advertising by offering to provide billboard advertising space on custom designed "Teardrop Trailers". Teardrop Trailers, are usually designed for short-period accommodations for vacationers and travelers. Teardrop Trailers are designed to be towed behind small economy sized vehicles and pickup trucks.

2. Summary of Significant Accou

2. Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Basis of presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Such estimates include management’s assessments of the carrying value of certain assets, useful lives of assets, and related depreciation and amortization methods applied. Development Stage Company The Company is currently a development stage enterprise reporting under the provisions of FASB ASC Topic 915 , Development Stage Entity Cash equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. At December 31, 2015 and December 31, 2014, the Company had no cash equivalents. Fair value of financial instruments The Company adopted the provisions of FASB Accounting Standards Codification (“ASC”) 820 (the “Fair Value Topic”) which defines fair value, establishes a framework for measuring fair value under U.S. GAAP, and expands disclosures about fair value measurements. The Fair Value Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. It also establishes a fair value hierarchy, which prioritizes the valuation inputs into three broad levels. Fair value of financial instruments The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: A) Market approach—Uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Prices may be indicated by pricing guides, sale transactions, market trades, or other sources; B) Cost approach—Based on the amount that currently would be required to replace the service capacity of an asset (replacement cost); and C) Income approach—Uses valuation techniques to convert future amounts to a single present amount based on current market expectations about the future amounts (includes present value techniques, and option-pricing models). Net present value is an income approach where a stream of expected cash flows is discounted at an appropriate market interest rate. Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. An active market for an asset or liability is a market in which transactions for the asset or liability occur with significant frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Example of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on the Company’s assessment of the assumptions that are market participants would use in pricing the asset or liability. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses, accounts payable, accrued expenses, and deferred revenue approximate their fair value because of the short maturity of those instruments. The Company’s note payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at December 31, 2015 and December 31, 2014. The Company had no assets and/or liabilities measured at fair value on a recurring basis for as of December 31, 2015 and December 31, 2014, respectively, using the market and income approaches. Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method over the assets estimated useful life of three (3) years for equipment, five (5) years for automobile, and seven (7) years for furniture and fixtures. Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in statements of operations. Commitments and contingencies The Company follows subtopic 450-20 of the FASB ASC to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. Revenue recognition The Company follows paragraph 605-10-S99-1 of the FASB ASC for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable and (iv) collectability is reasonably assured. In addition, the Company records allowances for accounts receivable that are estimated to not be collected. Income taxes The Company follows Section 740-10-30 of the FASB ASC, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the temporary differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB ASC (“Section 740-10-25”) with regards to uncertainty in income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its assets and/or liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. Stock-based compensation In December 2004, the FASB issued FASB ASC No. 718, Compensation – Stock Compensation Equity instruments (“instruments”) issued to other than employees are recorded on the basis of the fair value of the instruments, as required by ASC No. 718. FASB ASC No. 505, Equity Based Payments to Non-Employees Net income (loss) per share The Company computes basic and diluted earnings per share amounts pursuant to ASC 260-10-45. Basic earnings per share is computed by dividing net income (loss) available to common shareholders, by the weighted average number of shares of common stock outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share is computed by dividing net income (loss) available to common shareholders by the diluted weighted average number of shares of common stock during the period The diluted weighted average number of common shares outstanding is the basic weighted number of shares adjusted as of the first day of the year for any potentially diluted debt or equity. There were no potentially dilutive shares outstanding as of December 31, 2015 and December 31, 2014, respectively. Subsequent events The Company follows the guidance in ASC 855-10-50 for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued. Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

3. Going Concern

3. Going Concern	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	The Company's consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The financial statements do not include any adjustment relating to recoverability and classification of recorded amounts of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. The Company has a minimum cash balance available for payment of ongoing operating expenses. Its continued existence is dependent upon its ability to continue to execute its operating plan and to obtain additional debt or equity financing. There can be no assurance the necessary debt or equity financing will be available, or will be available on terms acceptable to the Company.

4. Fixed Assets

4. Fixed Assets	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Fixed Assets	Property and equipment consists of the following at December 31, 2015 and December 31, 2014: December 31, 2015 December 31, 2014 Property and equipment, net $ 41,785 $ 5,000 Less: accumulated depreciation (3,047 ) (208 ) Property and equipment, net $ 38,738 $ 4,792 Depreciation expense for the years ended December 31, 2015 and 2014 was $2,839 and $208, respectively. In May 2014, the Company purchased two automobiles to be used in promotional and operational activities for $65,000. The Company issued two notes payable totally $65,000 as consideration. The notes payable were immediately converted into 433,333 common shares of the Company leaving a zero balance on both notes payable. The two automobiles sold to the Company were owned by a related party to the Company. On September 1, 2014, the Company agreed to return the Apache truck which was purchased through the issuance of a $50,000 note payable and later converted into 333,333 common shares. The 333,333 common shares were returned to treasury. In October 2014, the Company purchased and assembled a custom trailer to be used in mobile billboard advertising operations. The cost basis of the custom trailer is $5,000. In October 2015, the Company purchased a 1966 Ford Mustang from a related party with 250,000 shares of common stock, valued at the historical cost to the related party.

5. Loan Payable

5. Loan Payable	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Loan Payable	On December 12, 2014, the Company entered into a loan agreement with Gemini Southern, LLC whereby the monies paid to the Company by Gemini Southern, LLC pursuant to the consulting agreement dated September 20, 2013 would be repaid by the Company. The balance will be paid back with interest commencing on January 1, 2015 at a rate of 10% per annum with a maturity date of December 12, 2018. As of December 31, 2015 and 2014, the loan amount was $450,000 and $375,000, respectively. The Company recorded accrued interest on this loan of $44,300 as of December 31, 2015

6. Line of Credit from Related

6. Line of Credit from Related Party	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Line of Credit from Related Party	On February 25, 2014, the Company entered into a line of credit with DEVCAP Partners, LLC, a California limited liability company, for an amount up to $450,000 with a maturity date of June 1, 2017, bearing interest of 10% per annum. DEVCAP Partners, LLC is a related party to the Company as it is the majority shareholder of the Company. As of December 31, 2015 and December 31, 2014, the balance of the line of credit was $50,835 and zero, respectively. The Company recorded accrued interest on the line of credit at December 31, 2015 and 2014 of $1,044 and $740, respectively. On August 13, 2015 the Company entered into a line of credit with General Pacific Partners, LLC, a California limited liability company, for an amount up to $450,000. The line of credit is a demand loan bearing interest of 10% per annum. General Pacific Partners, LLC is a related party to the Company as it is owned by a majority shareholder of the Company. As of December 31, 2015 the balance of the line of credit was $25,000. The Company recorded accrued interest of $959 at December 31, 2015.

7. Other Related Party Transact

7. Other Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Other Related Party Transactions	Office space We currently occupy approximately 1,500 square feet of office and garage space at 3500 75th Street West, Rosamond, California. We share this space with Matthew D. Jackson, our Chief Marketing Officer. Presently, we do not incur any expenses for the use of this facility. We also occupy office space at 4041 MacArthur Blvd., Newport Beach, CA for which we pay $1,550 per month. It is a month-to-month oral lease. Line of credit from related party The Company has two line of credit agreements with related parties. DEVCAP Partners, LLC is also the majority shareholder in the Company. General Pacific Partners is owned by the party that owns DEVCAP Partners, LLC. See Note 6 for further disclosure. Consulting expense to related party (DEVCAP Partners, LLC) On January 1, 2014, the Company executed a three year consulting agreement with DEVCAP Partners, LLC, (“DEVCAP”), whereby the Company agreed to pay $7,500 a month for consulting services to be provided to the Company such as marketing, architectural development, accounting, finance, corporate structure and tax planning. For the years ended December 31, 2015 and 2014, the Company recorded consulting fee expense paid to DEVCAP of $135,315 and $191,915, respectively. From inception June 3, 2013 to December 31, 2015, the Company recorded consulting fees paid to related parties of $400,300 of which $289,815 was paid to DEVCAP. Purchase of equipment through issuance of note payable to related party In May of 2014, the Company purchased two automobiles to be used in promotional and operational activities for a total price of $65,000. The Company issued two notes payable totally $65,000 as consideration. The notes payable were immediately converted into 433,333 common shares of the Company leaving a zero balance on both notes payable. The two automobiles sold to the Company were owned by the father of our majority shareholder Kevin O’Connell. On September 1, 2014, the Company returned the Apache truck which was purchased through the issuance of a $50,000 note payable and later converted into 333,333 common shares. The 333,333 common shares were returned to treasury. In October 2015, the Company purchased an automobile to be used in promotional and operational activities for a total price of $36,785. (See Note 4).

8. Stockholders' Equity (Defici

8. Stockholders' Equity (Deficit)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Stockholders' Equity (Deficit)	At the time of incorporation, the Company was authorized to issue 10,000 shares of common stock and 1,000 shares of preferred stock with a par value of $0.001. The Company amended its articles of incorporation to increase it authorized shares to 100,000,000 shares of common stock and 20,000,000 shares of preferred stock, both $0.001 par value. In the period from inception, June 3, 2013 to December 31, 2013, the Company issue 36,600,000 shares of common stock of which 36,000,000 were to six founders, 450,000 shares were for $9,000 cash and 75,000 shares were for consulting services. The shares issued for consulting services were valued at $0.02, the average price of stock sold for cash which resulted in the Company recording a consulting expense of $1,500. Of the stock issued for cash, $1,000 was not received until 2014 and therefore was recorded as a stock subscription receivable. The 36,000,000 shares issued to the six founders, (DEVCAP Partners, LLC, Steven Verska, GB Investments, Inc., Cassin Farlow, LLC, Raymond Gerrity and Robert Wilson), were valued at par $0.001 which resulted in the Company recording a cost of services expense of $36,000. In the year ended December 31, 2014, the Company issued 1,533,333 shares of common stock of which 800,000 shares were for $16,000 cash, 508,333 shares were for the reduction of $65,000 in notes payable and $3,000 in accrued expenses and 225,000 shares were for consulting services rendered in the period. We valued the cost of the consulting services at the average price of stock sold for cash, $0.02, which resulted in a non-cash consulting expense of $4,500. The Company also cancelled 333,333 shares, further described in Note 4. On January 22, 2015, the Company repurchased and cancelled 50,000 shares for $1,000. On October 5, 2015, the Company purchased a vehicle for $36,785 with 250,000 shares of common stock.

9. Income Taxes

9. Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	The Company recognized no income tax benefit for the years ended December 31, 2015 and 2014, in spite of Net Operating Loss carryforwards available to offset future taxable income totaling approximately $681,000 as of December 31, 2015, due to valuation allowances recorded to offset the resulting deferred tax asset. Other significant temporary differences resulting in deferred tax assets are $48,000 of stock based compensation. Accordingly, total deferred tax assets recorded using the effective federal tax rate (no state taxes assumed, due to the jurisdiction the Company operates in) of 15% are $109,000, are fully offset by the valuation allowance of the same amount. There were no significant permanent differences assumed in the computation of book versus taxable income. Thus, the change in the valuation allowance for the years ended December 31, 2015 and 2014, is $39,300 and $51,600, respectively, using the same effective tax rate specified above of 15%. The tax years ended December 31, 2013, 2014 and 2015 remain open to examination by the Internal Revenue Service. There were no uncertain tax positions taken by the Company in any of the open tax years.

10. Subsequent Events

10. Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855 and has determined that no other material subsequent events exist.

2. Summary of Significant Acc17

2. Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Such estimates include management’s assessments of the carrying value of certain assets, useful lives of assets, and related depreciation and amortization methods applied.
Development Stage Company	Development Stage Company The Company is currently a development stage enterprise reporting under the provisions of FASB ASC Topic 915 , Development Stage Entity
Cash equivalents	Cash equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. At December 31, 2015 and December 31, 2014, the Company had no cash equivalents.
Fair value of financial instruments	Fair value of financial instruments The Company adopted the provisions of FASB Accounting Standards Codification (“ASC”) 820 (the “Fair Value Topic”) which defines fair value, establishes a framework for measuring fair value under U.S. GAAP, and expands disclosures about fair value measurements. The Fair Value Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. It also establishes a fair value hierarchy, which prioritizes the valuation inputs into three broad levels. Fair value of financial instruments The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: A) Market approach—Uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Prices may be indicated by pricing guides, sale transactions, market trades, or other sources; B) Cost approach—Based on the amount that currently would be required to replace the service capacity of an asset (replacement cost); and C) Income approach—Uses valuation techniques to convert future amounts to a single present amount based on current market expectations about the future amounts (includes present value techniques, and option-pricing models). Net present value is an income approach where a stream of expected cash flows is discounted at an appropriate market interest rate. Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. An active market for an asset or liability is a market in which transactions for the asset or liability occur with significant frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Example of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on the Company’s assessment of the assumptions that are market participants would use in pricing the asset or liability. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses, accounts payable, accrued expenses, and deferred revenue approximate their fair value because of the short maturity of those instruments. The Company’s note payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at December 31, 2015 and December 31, 2014. The Company had no assets and/or liabilities measured at fair value on a recurring basis for as of December 31, 2015 and December 31, 2014, respectively, using the market and income approaches.
Property and equipment	Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method over the assets estimated useful life of three (3) years for equipment, five (5) years for automobile, and seven (7) years for furniture and fixtures. Upon sale or retirement of property and equipment, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is reflected in statements of operations.
Commitments and contingencies	Commitments and contingencies The Company follows subtopic 450-20 of the FASB ASC to report accounting for contingencies. Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.
Revenue recognition	Revenue recognition The Company follows paragraph 605-10-S99-1 of the FASB ASC for revenue recognition. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable and (iv) collectability is reasonably assured. In addition, the Company records allowances for accounts receivable that are estimated to not be collected.
Income taxes	Income taxes The Company follows Section 740-10-30 of the FASB ASC, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the temporary differences are expected to be recovered or settled. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB ASC (“Section 740-10-25”) with regards to uncertainty in income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its assets and/or liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.
Stock-based compensation	Stock-based compensation In December 2004, the FASB issued FASB ASC No. 718, Compensation – Stock Compensation Equity instruments (“instruments”) issued to other than employees are recorded on the basis of the fair value of the instruments, as required by ASC No. 718. FASB ASC No. 505, Equity Based Payments to Non-Employees
Net income (loss) per share	Net income (loss) per share The Company computes basic and diluted earnings per share amounts pursuant to ASC 260-10-45. Basic earnings per share is computed by dividing net income (loss) available to common shareholders, by the weighted average number of shares of common stock outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share is computed by dividing net income (loss) available to common shareholders by the diluted weighted average number of shares of common stock during the period The diluted weighted average number of common shares outstanding is the basic weighted number of shares adjusted as of the first day of the year for any potentially diluted debt or equity. There were no potentially dilutive shares outstanding as of December 31, 2015 and December 31, 2014, respectively.
Subsequent events	The Company follows the guidance in ASC 855-10-50 for the disclosure of subsequent events. The Company will evaluate subsequent events through the date when the financial statements were issued.
Recently issued accounting pronouncements	Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

4. Fixed Assets (Tables)

4. Fixed Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and equipment	December 31, 2015 December 31, 2014 Property and equipment, net $ 41,785 $ 5,000 Less: accumulated depreciation (3,047 ) (208 ) Property and equipment, net $ 38,738 $ 4,792

2. Summary of Significant Acc19

2. Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair value of assets/liabilities	$ 0	$ 0
Potentially dilutive shares outstanding	0	0
Equipment [Member]
Property and equipment estimated useful lives	p3y
Automobiles [Member]
Property and equipment estimated useful lives	p5y
Furniture and Fixtures [Member]
Property and equipment estimated useful lives	p7y

4. Fixed Assets (Details)

4. Fixed Assets (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property and equipment, gross	$ 41,785	$ 5,000
Less: Accumulated depreciation	(3,047)	(208)
Property and equipment, net	$ 38,738	$ 4,792

4. Fixed Assets (Details Narrat

4. Fixed Assets (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Depreciation expense	$ 2,839	$ 208
Vehicle purchased	0	5,000
Two Automobiles [Member]
Vehicle purchased		$ 65,000
Debt converted, shares issued		433,333
Convertible note		$ 0
Ford Mustang [Member]
Vehicle purchased	$ 36,785
Shares issued to acquire assets, shares	250,000

5. Loan Payable (Details Narrat

5. Loan Payable (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loan payable to related party	$ 450,000	$ 375,000
Interest rate	10.00%
Maturity date	Dec. 12, 2018
Gemini Southern
Loan payable to related party	$ 450,000	$ 375,000
Acccrued interest on loan	$ 44,300

6. Line of Credit from Relate23

6. Line of Credit from Related Party (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Credit line balance	$ 75,835	$ 0
Accrued interest	44,300	0
DEVCAP Partners, LLC [Member]
Line of credit maximum amount	$ 450,000
Maturity date	Jun. 1, 2017
Interest rate	10.00%
Credit line balance	$ 50,835	0
Accrued interest	1,044	$ 740
General Pacific Partners, LLC [Member]
Line of credit maximum amount	$ 450,000
Interest rate	10.00%
Credit line balance	$ 25,000
Accrued interest	$ 959

7. Other Related Party Transa24

7. Other Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended		31 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015
Consulting fees to related party	$ 135,315	$ 191,915	$ 400,300
DEVCAP Partners, LLC [Member]
Consulting fees to related party	$ 135,315	$ 191,915	$ 289,815

8. Stockholders' Equity (Detail

8. Stockholders' Equity (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value	$ .001	$ .001
Common stock, shares issued	38,000,000	37,800,000
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, par value	$ .001	$ .001
Shares issued for cash, value		$ 15,500
Shares repurchased and cancelled, value	$ (1,000)	(50,000)
Shares issued to acquire assets, value	$ 36,785	$ 0
Stock issuances [Member]
Shares repurchased and cancelled, shares	50,000
Shares repurchased and cancelled, value	$ 1,000
Common stock issued [Member]
Shares issued for cash, shares		1,533,333
Issued for Cash [Member]
Shares issued for cash, shares		800,000
Shares issued for cash, value		$ 16,000
Reduction of notes payable [Member]
Shares issued for cash, shares		508,333
Shares issued for cash, value		$ 65,000
Shares repurchased and cancelled, shares		333,333
Accrued expenses [Member]
Shares issued for cash, value		$ 3,000
Consulting services [Member]
Shares issued for cash, shares		225,000
Shares issued for cash, value		$ 4,500
Vehicle purchase [Member]
Shares issued to acquire assets, shares	250,000
Shares issued to acquire assets, value	$ 36,785

9. Income Taxes (Details Narrat

9. Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 681,000
Deferred tax asset, stock based compensation	$ 48,000
Effective tax rate	15.00%
Deferred tax assets	$ 109,000
Deferred tax asset valuation allowance	109,000
Change in valuation allowance	$ 39,300	$ 51,600